Saturday, November 24, 2012

DailyMarkets.com - Jim Rickards, Fiscal Cliff Playbook

DailyMarkets.com - Jim Rickards, Fiscal Cliff Playbook


Jim Rickards, Fiscal Cliff Playbook

Posted: 23 Nov 2012 09:16 PM PST

Jim Rickard outlines his thoughts on the fiscal cliff.

Points
- Announcement before the end of the year, no deal until mid Jan 2013
- IRS can hold current tax rates as is, until deal done
- True deadline is Obama State of the Union speech late Jan 2013
- Capital gains tax is going up, hence Apple Inc sell off
- Stock markets could be under pressure by year end
- Taxes are going up in soft economy, thus outcome of fiscal cliff deal are different degrees of bad.
- Easier to invest in India … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


GPS For The Holiday Shopping Season

Posted: 23 Nov 2012 03:07 PM PST

11/23/12 The holiday shopping season is officially here. It takes organization, strategy and some tech-savvy skills to navigate the retail … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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